Financial
Distress signals
Property profile

27 N Sandusky St Delaware, OH 43015

FOR SALE
Retail space
Property ID
US66-6062571
5,268 SF 0.09 ac lot Built 1920
Last sale Jun 2006 · $169,900
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,650 square foot retail storefront, listed at $750,000, presents a compelling investment opportunity in the heart of Delaware, Ohio. Located at 27 N Sandusky Street, this property enjoys a highly desirable location within walking distance of Ohio Wesleyan College, ensuring consistent foot traffic and visibility. Currently operating at 100% occupancy with a long-term tenant and lease in place on the first floor, this property offers immediate cash flow. The unfinished second

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$75k
Assessed land$19k
Assessed improvement$55k
Effective rate5.56%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 1.36% cap applied$20k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$86/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$52 – $140
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1.36%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store9.3
Carpet & Flooring Store9.0
Daycare Center8.7

Location

27 N Sandusky St Delaware, OH 43015
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Sandusky, Delaware, OH 43015-1902 $1,050,300 Oct 2024 6,248 SF
38 Sandusky, Delaware, OH 43015-2327 $350,000 Jul 2023 4,862 SF
3190 Old State, Delaware, OH 43015-7600 $5,000,000 Apr 2023 4,425 SF
1185 Us Hwy 23rd N, Delaware, OH 43015-7998 $125,000 Apr 2023 6,106 SF
17 William, Delaware, OH 43015-2318 $1,200,000 Mar 2023 6,954 SF
28 Sandusky, Delaware, OH 43015-1902 $275,000 May 2022 3,952 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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